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The National Fund of Kazakhstan was created in 2000 as a stabilization fund that accumulates windfall revenues from oil sales and ensures the economy of Kazakhstan will be stable against the price swings of oil.
According to him, the Government and the National Bank should take into consideration that local banks not always enjoy the same competitive advantage as foreign ones.
Kazakhstan Foreign Minister held bilateral meetings with President of Afghanistan, Parliament speaker, Afghanistan Foreign Minister and other officials.
Nursultan Nazarbayev met with ex-president of Germany Horst Köhler on the sidelines of the 5th Astana Economic Forum on May 23.
According to the State Agency for Statistics, GDP growth in the Q1 2012 made up 5.6% as compared to the respective figure of 2011.
President Nazarbayev received Total and General Electric Transportation senior management in his residence.
A respective decree was signed by President Nazarbayev May 7.
Kazakhstan President has sent a telegram to Nicolas Sarkozy.
President of Kyrgyzstan Almazbek Atambayev will render his first visit to Kazakhstan.
Armed forces of Kazakhstan will mark their 20th anniversary on May 7. President decreed to make this day a public holiday.
According to him, Western ideology was based on the idea of “the Western system [of values] being the most progressive, whereas the Soviet Union reportedly failing everywhere”.
April 25 President Nazarbayev met Sergei Naryshkin, Head of the Russia’s State Duma.
According to him, “We don’t need foreign investments so desperately today. We are injecting our own money”.
According to him, “We (that is Kazakhstan) are not closing ourselves off to the Internet. The Internet brings about progress”.
According to President Nazarbayev, “local integration serves the interests of people (…) to ensure effective development, any nation needs developing neighbors among other things”.
The life of common people [in those countries that have gone through color revolutions] isn’t getting any better, the President believes.
According to President Nazarbayev, currently a key issue for Kazakhstan is a new agreement on expanded partnership.
With the Eurasian Economic Union in place, Kazakhstan will keep on pursuing its course towards balanced relations with other nations as well: President Nazarbayev.
Before visiting Malaysia President Nazarbayev is to pay the first ever state visit to Indonesia April 12-14.
He emphasized that threats to the global economy and limgering Eurozone problems may have their effect on the country’s financial system.
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